Hanmi Financial Corporation announced that its Board of Directors declared a cash dividend on its common stock for the 2016 third quarter of $0.19 per share
OREANDA-NEWS. Hanmi Financial Corporation (NASDAQ:HAFC) (“Hanmi”), the holding company for Hanmi Bank, today announced that its Board of Directors declared a cash dividend on its common stock for the 2016 third quarter of $0.19 per share, up 35.7% from $0.14 per share in the prior quarter. The dividend will be paid on August 23, 2016, to stockholders of record as of the close of business on August 8, 2016.
“The 36% increase in our quarterly dividend reflects Hanmi’s recent strong financial performance and our Board’s confidence in the Bank’s future growth prospects,” said Mr. C. G. Kum, President and Chief Executive Officer. “This dividend, representing an annualized dividend yield of 3.07%, demonstrates our commitment to enhancing stockholder value and serves as a reward to Hanmi’s loyal stockholders.”
About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 42 full-service branches and 6 loan production offices in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses.
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